Prime Investment Opportunity! One of two available identical triplexes, this one specifically boasts a 3x2 (with an attached garage and additional parking space) and two 2x1 (each with its own off-street parking space). Positioned conveniently near the ocean, Nye Beach's shopping and dining, Newport Performing Arts Center, and essential amenities like groceries, parks, post office, medical offices, and library. This property resides outside the tsunami zone. Recent updates, including refreshed painting, new flooring, and upgraded appliances, ensure a modern allure. Multiple investment paths await: immediate rental potential or luxury upgrades for enhanced resale or higher rental income. Lincoln County's housing demand amplifies this as a profitable investment. Newly formed HOA, inclusive of an August 2021 structural condition report, condo conversion assessment, and comprehensive reserve study. All are offered at a compelling price of $799,000! Act swiftly before these units are individually snatched up. Buyer to do their due diligence!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
